Advertisement
Singapore markets open in 8 hours 2 minutes
  • Straits Times Index

    3,287.75
    -5.38 (-0.16%)
     
  • S&P 500

    5,032.48
    -39.15 (-0.77%)
     
  • Dow

    37,995.77
    -465.15 (-1.21%)
     
  • Nasdaq

    15,541.80
    -170.94 (-1.09%)
     
  • Bitcoin USD

    64,411.50
    -305.48 (-0.47%)
     
  • CMC Crypto 200

    1,386.47
    +3.89 (+0.28%)
     
  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     
  • Gold

    2,342.50
    +4.10 (+0.18%)
     
  • Crude Oil

    82.58
    -0.23 (-0.28%)
     
  • 10-Yr Bond

    4.6960
    +0.0440 (+0.95%)
     
  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     
  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     
  • FTSE Bursa Malaysia

    1,569.25
    -2.23 (-0.14%)
     
  • Jakarta Composite Index

    7,155.29
    -19.24 (-0.27%)
     
  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

Monte dei Paschi managers met banks, Italy economy minister - Trsy source

ROME (Reuters) - Banca Monte dei Paschi di Siena's (BMPS.MI) top management met Italy's economy minister and representatives from investment banks JPMorgan and Mediobanca in Rome on Friday, a Treasury source said.

The struggling bank asked the European Central Bank for an extension to a capital-raising plan, but a source told Reuters on Friday that the central bank rejected the request.

That increases pressure on the government to intervene to save Monte Paschi, Italy's third-biggest bank, from being wound down. JPMorgan and Mediobanca must decide whether to back the cash call.

(Reporting by Giuseppe Fonte, writing by Isla Binnie, editing by Steve Scherer)